For example, Steve Nison, author of the Japanese Candlestick Charting Techniques trading book, suggests there are hundreds of chart patterns. However, traders regularly use fewer chart patterns than ...

Learn more: Head and shoulders pattern Double Top and Double Bottom. Double tops and douple bottom chart patterns are reversal patterns resembling the letters M or W. When a price rises and ...

An evening star is a stock-price chart pattern used by technical analysts to detect when a trend is about to reverse. It's bearish and the opposite of a morning star.

Learn how to use chart patterns to trade with your personal style and preferences. Follow six simple steps to choose your time frame, identify the patterns, measure the target, set your entry and ...

Chart patterns are graphical representations of price movements that can help traders identify trends, support and resistance levels, and potential entry and exit points. However, chart patterns ...

For example, they may opt for timeframes that reflect the previous hours, days, weeks, etc. Generally, larger chart time frames tend to form more robust, lasting breakouts, whereas a one-minute or ...

This creates a visual “J” on the chart—a curved pause followed by a surge higher. Here’s an example of the J-hook in the Nasdaq. We see a prior uptrend, followed by a pullback and then a break of the ...

An example of what usually occurs intra-day during a Bearish Engulfing Pattern is presented on the next page. Intra-day Bearish Engulfing Pattern. The following 15-minute chart of Verizon (VZ) is of ...